Cash is King III, a real-money handicapping tournament, returns at Premier Turf Club on the second Saturday of March. Licensed and regulated in the state of Oregon, Premier Turf Club (BetPTC.com) is offering up $3,000 in cash prizes.

The third edition of the popular Cash is King real-money handicapping tournament returns at Premier Turf Club on the second Saturday of March. Licensed and regulated in the state of Oregon, Premier Turf Club (BetPTC.com) is offering up $3,000 in cash prizes for the contest which is held over eight Saturdays.

As with the two previous tournaments, there is no entry fee to participate, and since it's a real-money contest, in addition to any prizes, members keep whatever they win in their account.

The Cash is King contest at BetPTC.com takes away the inequities of traditional handicapping tournaments and lets handicappers play how they want, on the tracks they want, and best of all, with a very small, minimum amount of wagering.

"It doesn't matter if you a big bettor or a small bettor. Everyone has an equal chance to win the prizes in the Cash is King contest at BetPTC.com," explained General Manager Todd Bowker. "The contest is scored based on your return on investment (ROI), not on how much you wager. We believe it is the fairest contest available to horseplayers today."

What's at stake in Cash is King III? $3,000 in cold, hard cash and the coveted title of Cash is King III handicapping champ for the grand prize winner.

Traditional handicapping tournaments are not designed to appeal to all horseplayers. If the contest is filled with mandatory races at racetracks that the horseplayer doesn't normally play, it slants the playing field toward others in the tournament who play those tracks. Cash money contests, on the other hand, typically require large minimum wagering thresholds or entry fees that price most players out. The new Cash is King contest at BetPTC.com takes away those inequities and lets every level of horseplayer participate. It doesn't matter if you a big bettor or a small player. Everyone has an equal chance to win the prizes in the one-of-a-kind "Cash is King" contest at BetPTC.com.

The Tournament Director for the event is veteran contest player Rich Nilsen, who in 1999 created the first-ever online qualifier for the National Handicapping Championship (NHC), an event that now boasts a $2 million-plus prize pool. Nilsen also managed the online tournaments at the leading horseracing sites Brisnet.com and TwinSpires.com for several years.

"This contest is unique in that it is designed to emulate normal play," said Nilsen. "Horseplayers can wager like they do on any other Saturday and their performance will count towards the tournament scoring. If they don't do well on any given Saturday, chances are that low score will be thrown out."

Wagers for Cash is King III can be made online or by phone and on any type of bet that BetPTC accepts through their Oregon hub. Cash is King wagers can be made on any racetracks of the player's choice on Saturdays beginning March 9 and running through April 27, the week before the Kentucky Derby. To qualify for contest play on any given Saturday, registered members must bet a minimum of $75 during the course of a contest day. There is no limit to how much can be wagered.

The inaugural handicapping contest at Premier Turf Club was successfully held last year. The Cash is King I champ was Vermont veterinarian Bill Mentes who won a trip for two to the 2012 Breeders' Cup at Santa Anita, courtesy of Premier Turf Club. Cash prizes were also awarded to the top four finishers. Over $5,000 in cash prizes were then awarded this past January in the Cash is King II champion won by Glen S.

Registration for the event is quick and easy for members of Premier Turf Club, which is also offering a $100 sign-up bonus for new customers of the online wagering service. Rules for the Cash is King III tournament, as well as a leaderboard, can be found at BetPTC News.